The Board wishes to advise that Seadragon''s management and auditors are
currently working through the year-end audit process. We expect that our
2016-17 full year provisional result will be released to the market on or
before 31 May 2017 and we expect that those results will be in-line with the
guidance we provided to the market on 1 March 2017 being a Normalised EBITDA
for the financial year to 31-March-17 to be in the range of a loss of (4.3)m
to (4.5)m compared to the previous year result of a loss of (0.4)m
For further information, contact:
Colin Groves
Chairman
Tel: +64 21 928 003
About SeaDragon: www.seadragon.co.nz
SeaDragon Limited (NZX:SEA) is New Zealand''s largest refiner and blender of
high-quality, internationally certified concentrated fish oils and fractions,
including Omega-3 oils. Our oils are sourced from fish caught in the clean
and pure waters around New Zealand, in the Southern Ocean, and elsewhere. We
have more than 20 years'' experience processing fish oils and we are
recognised for the quality and purity of our products. We supply health
supplement manufacturers around the world to meet the burgeoning demand for
pure, high-quality fish oils, which are scientifically proven to deliver
significant human health benefits such as lowering the risk of heart disease,
improving brain function and joint health. The majority of our supply is
exported.
End CA:00301691 For:SEA Type:GENERAL Time:2017-05-25 10:58:28